Reference no: EM133186948
Question - Shantal Company is installing a new equipment and incurred the following costs:
Cost of equipment per supplier's invoice 2,500,000
Initial delivery and handling cost 200,000
Cost of site preparation 600,000
Consultants used for advance on the acquisition of equipment 700,000
Interest charged paid to supplier for deferred credit 200,000
Estimated dismantling cost to be incurred as required by contract 300,000
Operating losses before commercial production 400,000
Required - What is the total cost of the equipment?
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